ZenaTech puts annualized revenue run rate at CAD 33 million
ZenaTech said its first-quarter 2026 revenue of CAD 8.3 million translates to an annualized run rate of about CAD 33 million. The figure underscores the company’s acquisition-led DaaS strategy as it looks to add a full year of revenue from recently completed deals later in 2026.
Why it matters: - ZenaTech’s annualized revenue run rate gives investors a near-term snapshot of scale as the company pushes an acquisition-led expansion strategy. - The figure also signals whether the company’s Drone as a Service model and recent acquisitions are starting to produce more recurring revenue. - ZenaTech says the run rate is a baseline, not a ceiling, as it works to add more businesses and widen revenue contribution from acquired operations.
What happened: - ZenaTech reported an annualized revenue run rate of approximately CAD 33 million based on first-quarter 2026 revenue. - First-quarter 2026 revenue was CAD 8.3 million for the three months ended March 31, 2026. - The company said the run rate was calculated by multiplying first-quarter revenue by four. - ZenaTech said the annualized figure reflects operations following the completion of its DaaS acquisitions. - CEO Shaun Passley said first-quarter revenue reflected the strength of the DaaS model and the contribution of acquisitions integrated over the past year. - Passley said several acquisitions completed during the period will contribute a full twelve months of revenue later in 2026. - The company said the calculation is for illustrative purposes only and should not be treated as fiscal 2026 guidance or a forecast.
The details: - ZenaTech’s primary revenue engine is its DaaS segment, which buys operationally mature service businesses and adds ZenaDrone drone platforms and AI analytics to their workflows. - The company is targeting land survey and geospatial mapping, infrastructure and asset inspection, and exterior building cleaning businesses. - ZenaTech expects drone adoption across portfolio companies to support revenue growth through higher capacity, contract upsell, new drone-derived data products and improved margins. - Acquisitions completed during fiscal 2025 and the first half of fiscal 2026 contributed only partial-year revenue in the periods they closed. - Those businesses are expected to contribute a full twelve-month revenue run rate for the first time during the remainder of fiscal 2026. - In May 2026, ZenaTech launched a Partnership Acquisition Program focused on established, founder-led, profitable businesses. - The program targets four verticals: defense technology and unmanned systems, enterprise SaaS and productivity software, AI infrastructure and applied AI, and specialty manufacturing and supply chain. - The company said it has entered non-binding letters of intent and term sheets as discussions move toward potential definitive agreements. - ZenaTech is a B2i Digital Featured Company and provided a profile.
Between the lines: - The announcement frames the CAD 33 million figure as a starting point for the business, not the endpoint. - The bigger revenue lift may come later in 2026 if recently acquired companies deliver a full year of results and if more deals close. - The DaaS model remains central because it combines acquisition growth with operational improvements from drone and AI adoption.
What's next: - ZenaTech said the DaaS acquisition pipeline remains active. - The company will look to convert non-binding deal discussions into definitive acquisition agreements. - Additional revenue contribution from earlier acquisitions should show up over the rest of fiscal 2026 as those businesses complete a full year in the portfolio.
The bottom line: - ZenaTech is signaling that its revenue base is growing, but the company still sees more upside ahead from acquisitions and deeper DaaS integration.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
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